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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (77705)6/27/2025 10:45:53 AM
From: Elroy  Read Replies (1) of 78774
 
I bought some MMM around $88 before the SLVM (??) divestiture, so it's doing well. Today I wonder if it's a good one to hold onto as they seem to have minimal growth, but I really don't know the story.
For me it's a bit hard to take profits and pay the Cap Gain tax unless I got a really good need for the cash. MMM is very unlike most of my stock picks (which are either insane micro caps or go go tech stocks), so I'll hold onto it and watch. But....I have little idea what moves the share price up or down. They could easily report 1% annual sales growth an 1% EPS growth, and the stock pops 10%. Or the other way. Whatever, seems good to own a few boring old school necessary big companies, even if I don't have any strong view on whether they're good investments or not.

That it has gone up while I've owned it tends to color my opinion (MMM is great!).
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